US dollar share of global FX reserves stays flat in Q2 -IMF By Reuters

© Reuters. A money exchange vendor holds U.S. dollar banknotes at his shop in Beirut, Lebanon December 21, 2022. REUTERS/Mohamed Azakir By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar’s share of global currency reserves reported to the International Monetary Fund was 58.9% in the second quarter, unchanged from the first three months of the

S&P global manufacturing PMI flash for September 48.9 versus 48.0 estimate

Prior month manufacturing PMI 47.9. Services PMI 50.5 Manufacturing PMI 48.9 versus 48.0 estimate Services PMI 50.2 versus 50.6 estimate Composite PMI 50.1 versus 50.2 last month Mixed report vs expectations. Manufacturing remains below the 50 level indicative of contraction. Services remain just above the 50.0 level as it clings to growth. The services PMI

Global Market Weekly Recap: September 11 – 15, 2023

Risk assets were generally on top this week thanks to net positive economic updates from the U.S. and stimulative efforts from China, supporting “soft landing” bets. Meanwhile, European currencies like EUR, GBP, and CHF lost pips as disappointing data releases highlighted the growth concerns in the region. So, how exactly did the major global assets

Weak global activity data sends US dollar to six-month high, Aussie skids By Reuters

© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Alun John and Brigid Riley TOKYO/LONDON (Reuters) – Jitters about global growth, particularly in China, caused the safe-haven U.S. dollar to hit multi-month highs on the Japanese yen, euro and pound on Tuesday and sent the dollar

Russia S&P Global Services PMI increased to 57.6 in August from previous 54

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any

Veloce To Deploy Vext On Polygon – Becoming First Decentralised Global Sporting Group

Veloce, the world’s leading digital racing media network, will be launching its Utility and Governance token, VEXT, on September 4th, 2023. VEXT will be launching exclusively on ByBit a top three global crypto exchange. Veloce has collaborated with Polygon Labs, an international software development company building Ethereum scaling architecture which facilitates swift, cost-effective, and secure

Canada August S&P Global PMI 48.0 vs 49.6 prior

Canada PMI Prior was 49.6 Fourth month below 50 Lowest since June 2020 Fifth straight decline in new orders; lowest since March Full report Commenting on the latest survey results, Paul Smith, Economics Director at S&P Global Market Intelligence said: “Canada’s manufacturing sector continued to struggle during August, with output and new orders falling at

Dollar unlikely to lose global dominance soon even as BRICS expand

© Reuters. FILE PHOTO: An employee counts U.S. dollar notes at a money changer in Jakarta January 27, 2010. REUTERS/Beawiharta/File Photo LONDON (Reuters) – The dollar is unlikely to lose its status as the global reserve currency anytime soon, even as the expansion of the BRICS group of developing nations signals another challenge to the